Memorial Day Layoff By Defense Contractor

On Tuesday, June 1, upon returning to work following the long Memorial Day weekend, 45 engineers at the L-3 Communications facility in Camden, New Jersey were told by the company they were being laid off.

Meanwhile, TheStockAdvisors.com recommends investing in L-3, "a leader in a fast-growth niche of homeland security and defense: Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance, often abbreviated C4ISR or ISR."

The investment advice article goes on to say that "We see L-3 Communications as one of the best companies in the robust defense sector."

There are at least 45 engineers out there who might disagree with that statement.